Summary of the Perfected Version of the Bill

HB 1362, HCA 1 -- SUBDIVISION REGULATION (Hobbs)

This bill allows county planning commissions to accept other
forms of security besides surety bonds to ensure the actual
construction of improvements and utilities in subdivisions in
unincorporated areas.

HCA 1 -- Specifies that the other forms of acceptable security
are cash bonds, cash deposits with the county treasurer, letters
of credit, and certificates of deposit.

FISCAL NOTE:  No impact on state funds in FY 2005, FY 2006, and
FY 2007.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:15 am